The alternative proteins market was valued at USD 349.42 million in 2021 and is expected to reach the value of USD 1068.88 million by 2029, at a CAGR of 15.00% during the forecast period of 2022-2029.
Market Scope and Size - Alternative Proteins Market:
The alternative proteins market is segmented on the basis of category, product type, form and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Category
· Organic
· Inorganic
Product type
· Alternative Proteins
· Insect Protein
· Mycoprotein
· Cultured Meat
· Others
Form
· Dry
· Liquid
Application
· Food and Beverages
· Animal Feed
· Pharmaceuticals
· Personal Care
· Cosmetics
· Others
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Market Analysis and Insights- Alternative Proteins Market:
Consumers' dietary preferences are changing globally, and there is a low preference for meat and meat-based products among global consumers. The growing number of flexitarian or vegan consumers has created numerous opportunities for manufacturers to introduce and innovate in the Alternative proteins segment. Health concerns, climate action, and growing awareness of ethical issues in factory farming are all driving demand for alternative proteins. Alternative protein companies are expanding rapidly today. New entrants are employing disruptive technologies such as synthetic biology, big data, AI, machine learning, robotics, and the Internet of Things to gain a competitive advantage in the market.
Country Level Analysis- Alternative Proteins Market:
The countries covered in the alternative proteins market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Key Players- Alternative Proteins Market:
Some of the major players operating in the alternative proteins market are:
· Gambia plc. (Ireland)
· Now Health Group, Inc. (U.S.)
· Native Inc (U.S.)
· The Simply Good Food Co (U.S.)
· Iodate Health Sciences International Inc. (Canada)
· Muscle Pharm Corporation (U.S.)
· Kerry Group Plc (Ireland)
· CytoSport, Inc. (U.S.)
· The Nature's Bounty Co. (U.S.)
· Reliance Vitamin Company, Inc. (U.S.)
· Herbalife Nutrition, Inc. (U.S.)
· Danone SA (France)
· General Nutrition Centers (GNC) Holdings, Inc. (U.S.)
· Organ Inc. (U.S.)
· True Nutrition (U.S.).
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MAJOR TOC OF THE REPORT:
· Chapter One: Introduction
· Chapter Two: Market Segmentation
· Chapter Three: Market Overview
· Chapter Four: Executive Summary
· Chapter Five: Premium Insights
· Chapter Six: Global Market by Product Procedure type
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